Is Johns Creek, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Johns Creek has remained a Seller's Market.
Key Takeaway
Johns Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johns Creek, GA
How much do homes in Johns Creek, GA cost?
Median Sold Price
$680,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Johns Creek have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Johns Creek was $680,500 in May 2024, up 9.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $488.8K | - | N/A |
| 2 Bedrooms | $331K | $380K | +14.8% |
| 3 Bedrooms | $449K | $486.5K | +8.4% |
| 4 Bedrooms | $580K | $649.9K | +12.1% |
| 5+ Bedrooms | $819.5K | $925K | +12.9% |
Summary: Johns Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Duluth | $443.8K | $499K | +12.4% |
| Big Creek | $659.9K | $722.7K | +9.5% |
| Berkeley Lake | $630K | $690K | +9.5% |
| Roswell-Alpharetta | $632K | $691.6K | +9.4% |
| Johns Creek | $623.9K | $680.5K | +9.1% |
Housing Supply in Johns Creek, GA
How many homes are available in Johns Creek, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 339 | 369 | +8.8% |
Summary: The Johns Creek real estate market had 369 homes for sale in May 2024, a 8.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 59 | 61 | +3.4% |
| 4 Bedrooms | 100 | 117 | +17.0% |
| 5+ Bedrooms | 167 | 179 | +7.2% |
Summary: The Johns Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 7.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 111 | 105 | -5.4% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johns Creek, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.
Summary: A total of 105 homes were sold or pending in Johns Creek in May 2024, down by 5.4% month-over-month. Of the 104 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.
Days on Market for Johns Creek, GA
How long does it take to sell a home in Johns Creek, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 8 Days | -29.0% |
Summary: Homes in Johns Creek had an average of 8 days on market in May 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Johns Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 105 homes were sold in Johns Creek; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.